TruTrace Technologies (XCNQ:TTT) Days Sales Outstanding : 0.00 (As of Jan. 2023)

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What is TruTrace Technologies Days Sales Outstanding?

TruTrace Technologies's average Accounts Receivable for the three months ended in Jan. 2023 was C$0.00 Mil. TruTrace Technologies's Revenue for the three months ended in Jan. 2023 was C$0.03 Mil. Hence, TruTrace Technologies's Days Sales Outstanding for the three months ended in Jan. 2023 was 0.00.

The historical rank and industry rank for TruTrace Technologies's Days Sales Outstanding or its related term are showing as below:

XCNQ:TTT's Days Sales Outstanding is not ranked ^*
in the Software industry.
Industry Median: 61.8
* Ranked among companies with meaningful Days Sales Outstanding only.

TruTrace Technologies's Days Sales Outstanding declined from Jan. 2022 (66.36) to Jan. 2023 (0.00).

TruTrace Technologies Days Sales Outstanding Historical Data

The historical data trend for TruTrace Technologies's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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TruTrace Technologies Days Sales Outstanding Chart

TruTrace Technologies Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Apr19

Apr20

Apr21

Apr22

Days Sales Outstanding

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401.50

9.96

TruTrace Technologies Quarterly Data
	Mar18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23
Days Sales Outstanding	Get a 7-Day Free Trial															66.36	-	-	-	-

Competitive Comparison of TruTrace Technologies's Days Sales Outstanding

For the Software - Application subindustry, TruTrace Technologies's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

TruTrace Technologies's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, TruTrace Technologies's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where TruTrace Technologies's Days Sales Outstanding falls into.

TruTrace Technologies Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

TruTrace Technologies's Days Sales Outstanding for the fiscal year that ended in Apr. 2022 is calculated as

	Days Sales Outstanding (A: Apr. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Apr. 2021 )	+	Accounts Receivable (A: Apr. 2022 ))	/	count )	/	Revenue (A: Apr. 2022 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.118	*	365
=	0					/	0.118	*	365
=	0.00

TruTrace Technologies's Days Sales Outstanding for the quarter that ended in Jan. 2023 is calculated as:

	Days Sales Outstanding (Q: Jan. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2022 )	+	Accounts Receivable (A: Jan. 2023 ))	/	count )	/	Revenue (A: Jan. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.026	*	365 / 4
=	0					/	0.026	*	365 / 4
=	0.00

TruTrace Technologies (XCNQ:TTT) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

TruTrace Technologies Days Sales Outstanding Related Terms

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TruTrace Technologies (XCNQ:TTT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TruTrace Technologies Inc (XCNQ:TTT) » Definitions » Days Sales Outstanding

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TTTSF:USA

Address

61 Regal Road, Toronto, ON, CAN, M6H 2J6

Website

https://www.trutrace.co

TruTrace Technologies Inc is the developer of fully integrated software, secured on a blockchain infrastructure, that gives clients' the ability to store, manage, share and immediately access quality assurance and testing details, COAs, as well as motion and movement intelligence on inventory. The platform was specifically designed to power the traceability of testing standards within the legal cannabis, nutraceutical, food and pharmaceutical space with a focus on the authentication of source materials or ingredients used in formulation.

Executives

Michael Kraft

Director

TruTrace Technologies (XCNQ:TTT) Headlines

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